Form 4: Nextracker CEO Sells Shares
Insider Transaction (Form 4)
Daniel S Shugar, Chief Executive Officer and a Director of Nextracker Inc., sold 67,636 shares of common stock on August 10, 2026.
Summary
- Open-market sale: disposed of 14,697 Common Stock at $102.39 ($1,504,826) on August 10, 2026; holds 924,070 after (Direct).
- Open-market sale: disposed of 51,779 Common Stock at $103.24 ($5,345,664) on August 10, 2026; holds 872,291 after (Direct).
- Open-market sale: disposed of 1,160 Common Stock at $103.91 ($120,536) on August 10, 2026; holds 871,131 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $6,971,025 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Daniel S Shugar — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-10 | Open-market sale | Common Stock | 14,697 | $102 | $1.5M | 924,070 |
| 2026-08-10 | Open-market sale | Common Stock | 51,779 | $103 | $5.3M | 872,291 |
| 2026-08-10 | Open-market sale | Common Stock | 1,160 | $104 | $120.5K | 871,131 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-10 | Open-market sale (14,697 shares) |
| 2026-08-10 | Open-market sale (51,779 shares) |
| 2026-08-10 | Open-market sale (1,160 shares) |
Keywords
insider transaction, Form 4, NXT, Nextpower Inc., bearish, Daniel S Shugar
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